We are buying a flat and need a conveyancing solicitor in Thurrock who is on the Leeds Building Society approved panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Thurrock.
Please explain the implications if my lawyer’s firm is expelled from the Principality Conveyancing panel ahead of completing my conveyancing in Thurrock?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
We are aiming to move house in July. Will my conveyancing solicitor update the removal company on the day of completion. Incidentally, can you put forward a removal company in Thurrock. Conveyancing solicitor was organised before I stumbled across this page.
On the afternoon of completion you can collect the keys from the selling agent but this should only occur once the vendors conveyancers inform the agent that they acknowledge receipt of the completion payment and the keys can be released. After that you can advise the removal men that they can start moving you in. We are not in a position to suggest a particular removal company but can assist you in choosing a residential property solicitor in Thurrock or a firm that specialises in conveyancing in Thurrock.
My lawyer has informed me that flying freehold insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Thurrock?
The appropriate level of flying freehold indemnity insurance should be dictated by who who your lender is. It would differ for example between Lloyds TSB Bank and Virgin Money. Conveyancing solicitors as opposed to borrowers take out such policies.
We have a mortgage agreed in principle with Principality. Thurrock conveyancing practitioners are selected. How long does it take for Principality to send the offer to the lawyer?
Some lenders take longer than others. Have Principality conducted the valuation? Have you informed Principality as to your lawyers' details and checked that your lawyers are on the Principality conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I'm purchasing my first flat in Thurrock with the aid of help to buy. The sellers would not reduce the amount so I negotiated five thousand pounds worth of extras instead. The property agent told me not disclose to my conveyancer about this deal as it may affect my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I need to retain a conveyancing solicitor for some conveyancing in Thurrock. I happened to land on a web site which looks to be the ideal answer If it is possible to get all this stuff completed via email that would be preferable. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Our lenders have just issued us with a mortgage offer. We appointed a local conveyancer in Thurrock last week. Today, our mortgage adviser called to say that the mortgage company said that we cannot use our solicitor as they aren't on their panel. As novices, we did not have a clue that the bank had a say Is this legal?
You can actually appoint any property lawyer you wish to select including the said conveyancer in Thurrock however if they are not on the your lender's approved list you would have to fork out an extra fee so the mortgage company can instruct their own lawyers. On occasion it is conceivable that your solicitor may apply to get added to the bank list of approved firms. You can use internet tools such as lenderpanel.com to find a conveyancing solcitor in Thurrock on the bank panel. You can go into your high street lender branch in Thurrock. They will know some good conveyancing solicitors in Thurrock on the approved list.